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Magic Carpet Ride

Monday, April 14th, 2025 Category: Long Form Reports
Usefulness:
Magic Carpet Ride

Since Donald Trump became President of the United States on January 20th, 2025 –really since he was elected in early November, 2024 – global stock markets have been on a magic carpet ride, from the highs of expectations of market-driven policies to the lows of fears of a tariff-war induced global depression. Share prices of oil and gas producers have ridden the same magic carpet, with Colombian companies pulled along by the same forces.

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